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I have watched properties that would go for $650k in Q3-2019 go for $750k in March, $850k in April, $950k in July and $750k in September.

What was really interesting is watching all the inventory at $1m-$1.5m sit there from January 2019 to March 2020, then watch it all go, then watch all its friends hop on, then watch jumbo properties that would sit for 13 months at $1.1 go in 48hrs at $1.4 and then we hit late August and they. just. sit.

But I saw 3600sqft on half an acre of BNSF frontage waterfront list at $2.7m and go pending in 36 hours yesterday. So we're a long goddamn way from normal. 2016, 2017, 2018, 2019 that property would have been between $1.6m and $1.8m and it would have sat for a year.

You know shit's crazy when the trailers are going. I watched a fuckin' double-wide list for $150k last week. That's Pacific Palisades shit right there.